Utkarsh Small Finance Bank has scheduled a board meeting on June 20, 2026, to consider a proposal for raising funds aggregating up to Rs 500 crore. The bank plans to issue Unsecured, Subordinated, Redeemable, Tier II bonds in the form of Non-Convertible Debentures (NCDs) on a private placement basis. These instruments will form part of additional Tier II capital, strengthening the bank's capital adequacy.

The proposed issuance will be executed in one or more tranches during FY 2026-27. The move is subject to necessary regulatory and statutory approvals. The board's decision follows regulations stipulated under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure regarding the board meeting and the fund-raising proposal will be available on the bank's official website. The meeting is convened pursuant to Regulation 29 and 50 of the SEBI Listing Regulations.

Utkarsh CoreInvest Limited, the promoter of Utkarsh Small Finance Bank Limited , has confirmed that it did not create any encumbrance on the bank's equity shares during the financial year 2025-26. The disclosure, submitted to the stock exchanges, ensures compliance with regulatory norms governing substantial acquisitions and takeovers. This confirmation is significant as it assures stakeholders that the promoter's shareholding remains unencumbered, thereby maintaining transparency in the bank's ownership structure.

The filing was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Utkarsh CoreInvest Limited, formerly known as Utkarsh Micro Finance Limited, addressed the communication to The BSE Limited and the National Stock Exchange of India Limited on April 02, 2026. The letter was signed by Neeraj Kumar Tiwari, Company Secretary, on behalf of the company.

The confirmation explicitly states that no encumbrance was made directly or indirectly on the equity shares of Utkarsh Small Finance Bank Limited during the specified period. This regulatory requirement is designed to monitor and disclose any potential pledges or charges on promoter holdings, which could impact the bank's governance and financial stability. The disclosure was also copied to the Audit Committee of the Board of Utkarsh Small Finance Bank for record-keeping purposes.

Key Details of the Disclosure